Market Research Report
Xylitol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023
|Published by||IMARC Services Private Limited||Product code||662765|
|Published||Content info||71 Pages
Delivery time: 2-3 business days
|Xylitol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023|
|Published: June 7, 2018||Content info: 71 Pages||
Xylitol is a sugar alcohol which has the ability to stimulate the receptors of sweet taste on the tongue. It is considered natural as it can be found in many fruits and vegetables in small amounts. Xylitol is a white, crystalline powder which has similar sweetness as regular sugar but with 40% less calories. It can also be made by using an industrial process where a plant fibre called xylan is transformed into xylitol. When consumed, xylitol reduces the levels of bacteria in saliva which leads to tooth decay and also fights against some of the bacteria causing ear infection. According to the latest report by IMARC Group, titled "Xylitol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023", the global xylitol market has reached a value of more than US$ 823.6 Million in 2017.
There has been an increase in awareness among consumers about calorie intake owing to the rising prevalence rate of several lifestyle diseases such as cardiovascular problems, high cholesterol and obesity. This acts as a primary factor which is driving the growth of the global xylitol market. Additionally, there has also been a high demand for healthy, economic and safe sugar substitutes which, in turn, is contributing towards the market growth. Moreover, consumers are willing to spend more on naturally-based sweeteners instead of regular sugar which is further propelling the demand for xylitol across the globe. Some of the other factors which are positively influencing the market growth include rapid urbanisation and a shift in consumer preference towards sugar free products. Looking forward, the market value is projected to exceed US$ 1148.6 Million by 2023, exhibiting a CAGR of more than 5.7% during 2018-2023.